这家曾被誉为"制造业颠覆者"、巅峰市值近60亿美元（约合人民币430亿元）的技术先锋，在提交破产 保护时市值已缩水至不足5000万美元。作为曾经在行业内熠熠生辉的明星企业，其陨落之路令人唏嘘， 这背后所反映出的不仅仅是企业自身的问题，更与整个行业的发展态势息息相关。 3D打印行业在过去一段时间经历了投资过热的阶段。随着技术的不断进步和市场对制造业创新的需求 增加，大量资本涌入该行业，推动了众多企业的快速发展，Desktop Metal便是在这一浪潮中崛起的典型 代表。 本文来自微信公众号：投中网 （ID：China-Venture），作者：黎曼，原文标题：《曾经430亿市值的明 星公司，破产了》，题图来自：AI生成 2025年7月28日，一则重磅消息在3D打印行业乃至整个财经领域掀起波澜：金属3D打印机制造商 Desktop Metal根据美国破产法第11章申请破产保护。 一、全球市值最高的3D打印公司 Desktop Metal成立于2015年，总部位于美国马萨诸塞州。其创立有着深厚的技术和行业背景支撑。创始 人团队堪称豪华，包括A123Systems的创始人兼Northbridge Venture Par ...

Desktop Metal, a maker of 3D printers and other machines used in manufacturing, filed bankruptcy just months after new owners were forced by a court to complete a takeover of the company https://t.co/voSLUc0pe9 ...

Group 1 - Nano Dimension Ltd. is engaged in a contentious M&A transaction to acquire Desktop Metal, Inc. for $5.50 per share, subject to adjustments [1] - Desktop Metal's stock price increased significantly, trading at $4.43 pre-market after a 99% surge the previous day [1] - Bram de Haas, with 15 years of investing experience and a background in managing a Euro hedge fund, is involved in the investment process, leveraging his risk management skills [1]

Core Viewpoint - Nano Dimension Ltd. plans to release its 2024 Annual Report in April 2025, which will include the fourth quarter and full year results for 2024, pending a court decision related to a lawsuit with Desktop Metal [2][3]. Group 1: Annual Report Details - The 2024 Annual Report will be filed later than usual due to the pending lawsuit's potential impact on material disclosures and the company's business outlook [3]. - The report is expected to be released before the required filing date of April 30, 2025 [3]. Group 2: Company Overview - Nano Dimension provides digital manufacturing solutions across various sectors, including aerospace and defense, advanced automotive, high-tech industrial, specialty medical technology, and R&D and academia [4]. - The company offers technologies that enable prototyping and high-mix-low-volume production, emphasizing IP security and sustainable fabrication methods [5].

Financial Performance - For the three months ended September 30, 2024, the company recognized revenues of $36.4 million, while for the nine months, revenues totaled $115.9 million[154]. - The company incurred net losses of $35.4 million for the three months and $191.0 million for the nine months ended September 30, 2024[154]. - Total revenue for the three months ended September 30, 2024, was $36.4 million, a decrease of $6.4 million, or 15%, compared to $42.8 million in the same period of 2023[177]. - Total revenue for the nine months ended September 30, 2024, was $115.9 million, a decrease of $21.4 million, or 16%, compared to $137.4 million in 2023[193]. - Gross profit for the nine months ended September 30, 2024, was a loss of $31.2 million, compared to a profit of $6.6 million in the same period of 2023, reflecting a decrease of $37.8 million[197]. - GAAP net loss for the three months ended September 30, 2024, was $35.4 million, compared to a net loss of $46.4 million for the same period in 2023[226]. - The company incurred a net loss of $191.0 million for the nine months ended September 30, 2024, compared to a net loss of $148.7 million for the same period in 2023[227]. Cost Management and Initiatives - The 2022 Initiative resulted in $20.7 million in cost savings in the second half of 2022 and achieved $100 million in annualized cost savings in 2023[161]. - The company anticipates at least $50 million in aggregate annualized cost savings from the 2024 Initiative, which includes a global workforce reduction of approximately 20%[163]. - Restructuring charges related to the 2024 Initiative were $1.8 million for the three months and $3.9 million for the nine months ended September 30, 2024[164]. - The company expects total pre-tax restructuring charges of $82.1 million to $82.5 million under the Photopolymer Initiative, including $80.3 million in incremental depreciation and amortization[166]. Revenue Breakdown - Products revenue decreased by $5.6 million, or 15%, to $31.9 million, primarily due to a reduction in units shipped driven by macroeconomic conditions[178]. - Services revenue also decreased by $0.8 million, or 15%, to $4.5 million during the same period[178]. - Products revenue for the nine months ended September 30, 2024, decreased by $22.6 million, or 19%, to $98.9 million, while services revenue increased by $1.2 million, or 8%, to $17.0 million[193]. - Revenue from the Americas decreased by 14% to $75.8 million, while EMEA and APAC revenues fell by 22% and 10%, respectively[194]. Operating Expenses - Total cost of sales for the three months ended September 30, 2024, was $33.2 million, a decrease of $7.6 million, or 19%, compared to $40.8 million in 2023[181]. - Total cost of sales increased by 13% to $147.2 million, driven by incremental amortization related to the Photopolymer Initiative[195]. - Research and development expenses decreased by $9.0 million, or 44%, to $11.5 million for the three months ended September 30, 2024, compared to $20.5 million in 2023[186]. - Sales and marketing expenses increased by 57% to $45.0 million, driven by amortization related to the Photopolymer Initiative[201]. - General and administrative expenses increased by $7.8 million, or 82%, to $17.3 million for the three months ended September 30, 2024, compared to $9.5 million in 2023[188]. - General and administrative expenses rose by 18% to $59.7 million, influenced by incremental amortization and depreciation from the Photopolymer Initiative[202]. Cash Flow and Liquidity - Cash used in operating activities during the nine months ended September 30, 2024, was $53.4 million, with cash and cash equivalents at $30.6 million and current liabilities at $61.2 million[154]. - Cash and cash equivalents as of September 30, 2024, totaled $30.6 million, primarily invested in money market funds and fixed income instruments[228]. - The company has lease payment obligations of $26.6 million as of September 30, 2024, with $7.9 million payable within the next 12 months[231]. - A multi-draw term loan credit facility of up to $20.0 million is available to the company starting January 7, 2025, subject to certain conditions[229]. - Net cash used in operating activities was $53.4 million for the nine months ended September 30, 2024, consisting of $191.0 million in net losses, adjusted for non-cash items[238]. Legal Matters - Desktop Metal faced multiple legal challenges, including a dismissed Consolidated Complaint related to alleged securities violations, with the court ruling in favor of the defendants on September 21, 2023[259]. - A new complaint was filed on August 12, 2024, alleging omissions in the Preliminary Proxy Statement regarding the Nano Merger, but was voluntarily dismissed by the plaintiff on August 16, 2024[260]. - Additional complaints were filed in September 2024, alleging negligent misrepresentation and disclosure deficiencies in the Definitive Proxy Statement[260]. - Two stockholders filed actions in Delaware seeking records related to the Nano Merger under Section 220 of the Delaware General Corporations Code[261]. - Desktop Metal believes all complaints are without merit and intends to defend against them vigorously[261].

NEW YORK, Aug. 29, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Desktop Metal, Inc. (NYSE: DM), relating to its proposed merger with Nano Dimension Ltd. Under the terms of the agreement, Desktop Metal shareholders will receive $5.50 in cash per share of D ...

Financial Data and Key Metrics Changes - Consolidated revenue for Q2 2024 was $38.9 million, down from $53.3 million in Q2 2023, primarily due to weaker hardware sales [33] - Non-GAAP gross margins decreased to 29.2% in Q2 2024 from 31% in the prior year, reflecting lower revenue and cost absorption [34] - Non-GAAP operating expenses were $27.0 million in Q2 2024, reduced by $1.6 million sequentially and by $7.7 million year-over-year, showing improvements of 5.6% and 22.2% respectively [35] - Adjusted EBITDA for Q2 2024 was negative $13.2 million, an improvement of $1.8 million compared to Q2 2023 [35] - The company closed Q2 with $46.7 million in cash, with elevated outflows due to deal-related expenses [36] Business Line Data and Key Metrics Changes - Weaker hardware sales were the main contributor to the decline in revenue, while consumables and services remained roughly flat year-on-year [33] Market Data and Key Metrics Changes - The additive manufacturing industry has faced significant challenges, with many public companies in the sector experiencing declines in value and profitability [14][15] - Four publicly traded companies in the additive manufacturing space have failed or been delisted in the last two quarters due to deteriorating market conditions [15] Company Strategy and Development Direction - The proposed merger with Nano Dimension is seen as a strategic move to strengthen the company's competitive position and create long-term shareholder value [18] - The merger aims to establish a leader in the additive manufacturing space by combining complementary product portfolios and technologies [19] - The company believes that the merger will accelerate the industry's transition into mass production and create a well-capitalized entity to support customers [21][22] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenging business environment due to rising interest rates and slowing capital expenditure budgets, which have pressured the financial position [12] - There is a belief that remaining a standalone company with a constrained balance sheet is not a viable long-term strategy [12] - Management expressed confidence that the merger with Nano Dimension represents the best option for stakeholders amid a difficult market [29] Other Important Information - The company has reduced non-GAAP operating expenses by 48% since Q1 2022, while also improving gross margins [10] - The company is no longer providing guidance for the remainder of 2024 due to the pending acquisition [36] Q&A Session Summary Question: Challenges in closing deals - Management noted that customers were hesitant to engage due to the company's financial position, impacting deal closures [38] Question: Cash burn and future focus - Elevated cash burn in Q2 was partly due to deal-related expenses, and there will be an increased focus on managing cash burn in the upcoming quarters [40]

Core Points - Datametrex AI Limited has announced an extension for its non-brokered private placement financing, allowing it to raise up to $1,500,000 through the issuance of 75,000,000 units, with a new deadline of August 29, 2024 [1][2] - Each unit consists of one common share and one warrant, with the warrant allowing the purchase of an additional common share at an exercise price of CAD $0.05 for two years [1] - The company successfully closed the first tranche of the private placement, raising $645,000 by issuing 32,275,000 units, and the second tranche raised $311,409.29 through 15,570,465 units at a price of $0.02 per unit [10][11] Financial Details - The private placement may incur finders' fees of up to 8% in cash and 8% in broker warrants based on total proceeds raised [2] - The net proceeds from the private placement will be allocated for general corporate and working capital purposes [2] Company Overview - Datametrex is recognized as a leader in technology solutions, artificial intelligence, healthcare, and mobile gaming, focusing on enhancing operational efficiencies and business outcomes [4] - The company emphasizes its commitment to innovation and aims to set new standards for business protocols through advanced technology [4]

Table of Contents | UNITED STATES | | | | --- | --- | --- | | SECURITIES AND EXCHANGE COMMISSION | | | | WASHINGTON, D.C. 20549 | | | | FORM 10-Q | | | | ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | For the quarterly period ended June 30, 2024 | | | | OR | | | | ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | | | | Commission file number: 001-38835 | | | | DESKTOP METAL, INC. | | | | (Exact name of registrant a ...

Exhibit 99.1 Desktop Metal Announces Second Quarter 2024 Financial Results BOSTON--(BUSINESS WIRE)-- Desktop Metal, Inc. (NYSE: DM), a global leader in Additive Manufacturing 2.0 technologies for mass production, today announced its financial results for the second quarter ended June 30, 2024. "Since the beginning of 2022, Desktop Metal has worked tirelessly to align our cost structure with macroeconomic realities, making hard decisions about the business. By the end of Q1 we had delivered nine quarters of ...